Kunming Machine Tool Co., Ltd. received an order from a Chongqing-based equipment manufacturing company for one XK2850 CNC gantry boring-milling machine and one TK6916S CNC floor-type boring-milling machine. This follows a previous order for an XK2780 machine in late 2016.

Two oil-flooded screw compressor plants were installed at the Yuzhno-Vatlorskoye field compressor station for Surgutneftegas to compress associated petroleum gas. Energas Group of Companies carried out installation and commissioning.

Bombardier and Transnet celebrated the handover of the first of 240 Bombardier Traxx electric locomotives for freight traffic in South Africa, at Transnet Engineering's assembly plant in Durban on December 7, 2017. The contract was awarded in 2014 and is valued at approximately ZAR 15 billion (EUR 933 million).

Trützschler and Toyota Industry Corporation agreed that Trützschler will take over complete responsibility for the day-to-day running of the TC012 combing machine, which had been co-managed since 2012.

Weber Manufacturing Technologies Inc. in Midland, Ontario, has installed a new DMU 340 P Unimould 5-axis machining center from DMG Mori as part of an $8 million capital investment plan. The investment is supported by an $800,000 grant from the South Western Ontario Development Fund. The company plans further equipment additions including a gantry machine, a nickel vapor deposition reactor, and a 2,000-ton press.

GWS Tool Group, LLC, parent company of GWS Tool Group, has acquired Carbide Grinding Company, Inc of Chesterfield, Indiana. Carbide Grinding manufactures precision carbide, PCD and CBN tipped insert tooling for automotive, aerospace, power generation and medical sectors. The acquired company will continue operating under the brand CGI Tool.

China Ordnance Industry Group (China North Industries Group) is building a new factory for Wuhan Heavy Machine Tool Group with an investment of 2.6 billion CNY. The facility covers 450,000 m² with 220,000 m² of new building area and will be a modern CNC heavy and ultra-heavy machine tool manufacturing base.

General Dynamics Ordnance and Tactical Systems (GDOTS) announced it is nearing completion of a new solid rocket motor manufacturing campus in Camden, Arkansas, expanding domestic propulsion capacity.

Dingli Machinery announced plans to invest $20 million to acquire a 25% stake in aerial lift manufacturer MEC - California Manufacturing & Engineering Company. The transaction is expected to close early in 2018.

Thermal Energy International Inc. was engaged by an existing pulp and paper customer to design and implement an $11 million energy efficiency project, including two FLU-ACE Heat Recovery Systems and a GEM Steam Trap system. The project is expected to be completed over 18 months.

Truetzschler will take over complete responsibility from Toyota Industry Corporation for the comber business, including engineering, sales, service, and spare parts, effective February 1, 2018.

Dazhi Paper Machinery completed a transformation project for Selenge Paper Factory's PM1 in Russia, replacing press department, calender, winder, and adding new film transfer sizing system. The project was completed in about 3 weeks of installation plus one week of debugging.

Venture Products Inc. announced plans to expand at its Orrville, Ohio location, adding a new $5.5 million, 135,000-square-foot facility and creating 121 new jobs.

CTP Chemisch Thermische Prozesstechnik GmbH has signed a contract with Opterra, a CRH company, to supply two LD-SCR systems at the Karsdorf plant in Germany. Commissioning is scheduled for early 2019.

Korean company Jinsung TEC signed a supply contract with Caterpillar for heavy equipment undercarriage parts worth KRW 373,108,870,000, running to July 31, 2022. The disclosure was made on December 5, 2017.

Brandt Group will acquire a 200,000-square-foot farm equipment plant in McLean County, Illinois from Kongskilde Industries. Brandt plans to spend $13 million on plant improvements and expects to bring up to 500 jobs to the area.

Cheto Corporation has completed a €3 million investment in a new technology centre in Oliveira de Azeméis, Portugal, consolidating engineering, assembly and training activities. The facility increases assembly capacity from two to seven machines simultaneously.

DMG Mori AG and FUCHS Petrolub SE have signed a collaboration agreement to jointly develop new lubricant solutions and services for machine tool applications, including digitisation of production processes and condition monitoring.

Hyundai Rotem signed a €720 million contract with Iranian Rail Industries Development Co (IRICO) to jointly build 450 rail carriages for suburban Tehran. Two-thirds will be manufactured in Iran, the rest in South Korea.

Zhejiang Dingli, a Chinese aerial work platform manufacturer, signed an agreement on December 1, 2017 to purchase a 25% equity stake in US-based CMEC for $20 million, to expand its presence in the US market.

CW Group Holdings (via subsidiary SG(BVI) Limited) agreed to acquire Brownstone Ventures Limited, which owns German CNC machining centre manufacturer Zuse Hüller-Hille, for EUR 115 million in cash. The deal was announced on 29 December 2017.

Linamar Corp. announced a definitive agreement to buy 100% of MacDon and its group of companies for $1.2 billion. The deal is expected to close in Q1 2018.

Advanced Machine & Engineering Co. broke ground on a 30,000 ft², $3.5 million facility addition in Rockford, Illinois, on December 19, 2017, expected to add up to 100 jobs and boost production capacity.

Rosa Ermando and Pomini Tenova signed a partnership to manufacture large grinding machines under the Favretto brand, following Rosa Ermando's acquisition of Favretto in April 2017.

Unison Ltd. will invest $5.2 million to establish its first U.S. manufacturing operation in Danville, Virginia, creating 35 new jobs over three years.

Japan's Kyoto Seisakusho acquired PMI Cartoning, Inc. of Elk Grove Village, Illinois, to form PMI KYOTO Packaging Systems, which will keep operating from the Illinois site and offer cartoners, case packers, over-wrappers and palletizers.

Swedish holding company FAM AB completed its acquisition of Sandvik Process Systems (SPS), a supplier of industrial process solutions, from IPCO AB on 1 December 2017. The business will operate under the IPCO name after a branding transition.

Sanlian Hongpu (300384) signed a contract with Zhejiang Fangyuan Juxian Co., Ltd. for a nylon 6 polymerization project worth CNY 154.9 million, covering process technology, equipment supply and technical services.

Guangxi Liugong Machinery Co., Ltd. announced a 546M RMB ($85.24M) acquisition of 51% shares in Shanghai Jintai Engineering Machinery Co., Ltd. from Guangxi Liugong Group Corp., adding piling machinery to its product portfolio.

Xtek, Inc. acquired Precision Machine Inc. and Precision Maintenance, Inc., both located in Paducah, Kentucky, to expand its maintenance service offerings in the Southeast US.

Yank Marine Services has taken delivery of a new 820 metric ton capacity Marine Travelift boat hoist at its Dorchester, New Jersey location, expanding its service capabilities. The expansion is expected to create 30-50 full-time jobs.

POSCO Daewoo signed a $60 million (KRW 65 billion) contract with Century Paper & Board Mills Ltd. (CPBM) to supply paper plant equipment, including a 195m paper machine and processing equipment, for a 130,000 ton/year plant in Lahore, Pakistan.

Campbell & Shaw Steel is nearing completion of structural steel fabrication and erection for Oerlikon Metco's 100,000 square foot, 650-ton manufacturing facility in Plymouth, Michigan.

SC Engineering announced a KRW 30.58 billion contract with Toray BSF Coating Korea for the COK#712 expansion project in Ochang, North Chungcheong Province, signed on November 28, 2017.

Star Precision announced on November 29, 2017, that it will construct a new factory building within its Chinese manufacturing subsidiary, Star Precision (Dalian) Co., Ltd., to increase production capacity for CNC automatic lathes and other machine tools. The investment is approximately 700 million yen, with construction starting in May 2018 and operations beginning in January 2019.

Mach Rotec, a technology startup from Mondsee, celebrated its 10-year anniversary and opened a new 1,000-square-meter production hall in Oberhofen. The company manufactures high-speed grinding tools using carbon-composite structures and serves automotive and steel industry customers.

Italian crane manufacturer Fassi acquired 100% ownership of Cranab Group, which includes Cranab, Vimek, and Bracke Forest, by purchasing Hans Eliasson's shares. Fassi had held part-ownership since 2013 and now aims to develop Cranab's product range with truck-mounted timber and recycling cranes.

Star Micronics announced construction of a new three-story factory building in Dalian, China, for its Chinese subsidiary, with an investment of approximately 700 million yen, to consolidate operations and boost capacity.

Alupol Films Ltd., a subsidiary of Alupol Packaging, signed a contract with Brückner Maschinenbau for a high-performance BOPP film production line. The line will be installed in 2019 at a new plant in the Krakow Technology Park in Oswiecim, Poland.

Siemag, Inc. has expanded into a new 5,300-square-foot manufacturing facility in South Carolina, adding eight new CNC machines and one CMM. The expansion creates new jobs.

Alstom delivered the first overhauled BB36000 locomotive to Akiem under a mid-life overhaul contract. The contract covers 7 locomotives initially, with an additional 23 added in June 2017, extending service life by 15 years.

Groupe PSA appointed Dürr Group as a core supplier for capital expenditures such as plants and machinery, recognizing Dürr's innovation and global expertise.

RHI Magnesita acquired 100% of the shares of Agellis Group AB, a Swedish company specializing in advanced electromagnetic detection systems and IR technology, to extend its product range for steel and non-ferrous plants.

Schaeffler held a ground-breaking ceremony for its first 'Factory for tomorrow' in Xiangtan, Hunan, China, a new production plant expected to start operating in 2019 on a 315,000 m² site.

Hargassner has broken ground on a new Energy-World facility in Weng, Austria, including a biomass exhibition, training center, and cinema. The expansion will create 40 new jobs and is expected to be completed by 2019.

Bakker Sliedrecht was awarded a contract to deliver the main electrical power package for the offshore installation vessel Orion, being built for DEME subsidiary GeoSea.

DMG MORI and HEITEC have jointly established a new company, DMG MORI HEITEC, to develop industrial automation solutions and digital twin technology for machine tools.

Indutrade has completed the acquisition of all shares in German metal cutting tools manufacturer Inovatools Group, with annual sales of approximately EUR 33 million and about 200 employees.

Landi Renzo and Clean Energy Fuels will combine their compressor manufacturing subsidiaries into a new standalone company, with Landi Renzo owning 51% and Clean Energy 49%. Closing is anticipated before the end of 2017, and the combined company will be headquartered in San Giovanni Persiceto, Italy.

Svoboda Capital Partners sold industrial distributor Blake & Pendleton to Five Points Capital and the senior management team. Svoboda had acquired the company in June 2013 from KLH Capital.